I’ve had two nurses as tenants and they’ve been able to afford rents in the $3,500 range.
Firefighters are a category unto themselves, it seems a fair number get a lot of overtime so pay in the 150K range isn’t as unusual as one might think.
In the past 24 months, I’ve had four tenants change out (total of four local rentals), each time rents have gone up by $200-$300 so over a two year period 25% has happened for me in 92127/92078/92027.
I was likely below market but I have to agree that the increases are significant.
I’m almost glad when a tenant gives notice now.
